Frances Gagua
ZA Bank commences pilot for virtual asset trading service
ZA Bank commences pilot for virtual asset trading service
Three in four Hong Kong investors are interested in investing in cryptocurrency.
Hong Kong names 11 banks as primary liquidity providers for offshore RMB
Hong Kong has also expanded the RMB repo facility to over US$2.8b.
ZA Bank debuts business banking referral programme
Users can invite companies to register and get a HK$288 cash reward.
HSBC Life HK nabs ex-Zurich APAC CEO for chief product and in-force officer
Geoffrey Au spent 10 years with Zurich Insurance Group APAC.
Over 97% of Hong Kongers trust digital banks’ security measures
Digital bank account holders are willing to open more accounts with other digital banks.
Prudential Hong Kong fast-tracks billing services in 2 Chinese hospitals
Patients can apply for pre-approval of medical expenses.
2024 Policy Address: 60,000 housing units to be built in Northern Metropolis
Over 150,000 housing units are expected to be built there over the next decade.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Hong Kong Fintech Week 2024 kicks off on 28 October
InvestHK expects to draw about 30,000 attendees from 100 economies across the globe.
HSBC appoints William Chan as investment head for global insurance
He leads a team of investment specialists in Hong Kong.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
DBS Hong Kong names Kuok Khoon Hua as independent non-exec director
The appointment is effective 7 October 2024.
Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets
BEA was able to gain insights on CBDCs and the mechanism of stablecoins.
Money woes break hearts for 1 in 3 couples: survey
Spending too much money and differences in saving habits were the top dealbreakers.
ZA narrows net loss, sees 46% net revenue rise in H1
Total assets and net interest margin grew during the first half of 2024.
HSBC expands Premier offering with health protection, future planner tool
The tool will provide recommendations and access to a relationship manager.
Bank of China Hong Kong to explore e-HKD payment programmability
BOCHK will work with a subsidiary of Sun Hung Kai Properties.
Commentary
How companies can use the new cybersecurity bill to their advantage